Business
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Gasoline Prices Rise For Second Time Since June in Survey
The average price of regular gasoline at U.S. pumps rose for the second time since June, climbing 13.2 cents in the past two weeks to $2.32 a gallon, according to Lundberg Survey Inc.
EDI for Trucking: Everything You Need to Know
Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.
Safety Groups Petition NHTSA for Collision Avoidance Systems
Several nonprofit safety groups have asked the National Highway Traffic Safety Administration to mandate collision avoidance and mitigation braking systems for new heavy trucks and buses.
Home Sales Drop as Lack of Supply Drives Prices Higher
Broad-based price increases put more properties out of reach for American homebuyers in January, becoming the latest hurdle preventing a more robust recovery in residential real estate.
Cargo Backlog at West Coast Ports May Take Eight Weeks to Clear
Ports are coming back to life along the U.S. West Coast after dockworkers resolved a nine-month labor standoff, though the cargo backlog from ships waiting offshore may take eight weeks to clear.
Volvo’s North American Deliveries Rise 14%
Volvo Group’s North American truck deliveries increased 14% in January from the same month a year earlier, the company reported.
Recruiting, Retention Strategies Must Change to Attract New Drivers, ATRI’s Brewster Says
Trucking must change its recruiting and retention practices to attract women and younger Americans to the industry and keep them employed there, to counter the trend of aging driver demographics, a top industry researcher said.
February 23, 2015Fleet Executives Say Strong Markets Increase Opportunity to Raise Rates
CORAL GABLES, Fla. — Trucking markets will continue to be solid this year, opening the door for carriers to raise rates at least 4%, fleet executives and analysts said.
February 23, 2015Letters: Training New Drivers; Fuel-Price Volatility
I just finished watching the LiveOnWeb panel discussion about the driver shortage, and I appreciated how you looked at a very complex problem, packaging issues together that definitely affect driver retention and hiring.
February 23, 2015Opinion: Working on an Effective Driver-Training Rule
On Feb. 10, the Federal Motor Carrier Safety Administration announced the list of industry participants for the Entry-Level Driver Training Advisory Committee.
February 23, 2015Editorial: An Icy TMC
Trucking is quite often referred to as a “resilient” industry. It provides the priceless service of delivering the nation’s goods. The task is carried out with little fanfare — and even less complaining about the hardships and obstacles that have to be overcome every day.
February 23, 2015